Share Purchase by Directors

RNS Number : 6856S

Serica Energy plc

15 September 2010

 



Serica Energy plc

Share Purchase by Directors

Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) announces that the Trustees of the Serica Energy Share Incentive Plan ("the Plan") have made purchases of Serica shares under the terms of the plan on behalf of employees and officers of the Company as a result of which certain directors increased their beneficial shareholdings in the Company by a total of 2,349 shares on 13 September 2010, as follows:

Paul Ellis (Chief Executive) acquired 783 ordinary shares at a price of 48 pence per share taking his total beneficial shareholding to 926,954 shares representing 0.53% of the voting rights;

Christopher Hearne (Finance Director) acquired 783 ordinary shares at a price of 48 pence per share taking his total beneficial shareholding to 735,414 shares representing 0.42% of the voting rights;

Peter Sadler (Chief Operating Officer) acquired 783 ordinary shares at a price of 48 pence per share taking his total beneficial shareholding to 76,954 shares representing 0.04% of the voting rights.

The Company has 176,570,311 shares issued and outstanding.

15 September 2010

Enquiries:

Serica Energy plc
Paul Ellis, CEO	[e-mail]	[phone]
Chris Hearne, CFO	[e-mail]	[phone]
J.P.Morgan Cazenove
Colin Carscadden	[e-mail]	[phone]
Patrick Magee	[e-mail]	[phone]
RBC Capital Markets
Josh Critchley	[e-mail]	[phone]
Matthew Coakes	[e-mail]	[phone]
College Hill
Nick Elwes	[e-mail]	[phone]
Simon Whitehead	[e-mail]	[phone]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To receive Company news releases via email, please contact [e-mail] and specify "Serica press releases" in the subject line.

 

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